College Funding Cuts; New Programs Hang in the Balance

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The Obama administration is protective some higher education programs even in the midst of the outlay freeze. The Pell Grant, in particular, is fortified and even increased.

But the fate of the dweller Graduation Initiative, a field proposal to process community college graduates, depends on the lawmaking of a calculate in the Senate that has already passed the House, to decimate bank subsidies from the enrollee loan program. This move is supposed to spend $95 1000000000 over 10 years, much of which is already spoken for (like $10.6 1000000000 for the dweller Graduation Initiative). If the calculate falters, or if government accountants change their calculations, these programs, too, may start individual to cuts.

At the same time, private colleges same reverend are backpedaling from promises they prefabricated a few eld ago to decimate enrollee loans, thanks to the recession. be Sure you bookmark this page. Thanks...
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